Oil Search Adds Alaska To Its Tropical PNG Base And Becomes A Takeover Target
Oil Search , a name which says everything you need to know about what it does, has both surprisingly deep roots in PNG and an equally surprising exposure to an exploration play in Alaska which could contain as much as one billion barrels. The plum PNG asset is a 29% stake in a liquefied natural gas project operated by the U.S. oil giant ExxonMobil .
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